Nigeria awards port terminal concession for oil and gas shipping
Date
November 06, 2011
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Nigeria awarded this week a 20-year concession for part of Apapa Port in Lagos to Eco Support Nigeria Ltd., which will spend $124 million over the next two years to expand capacity and meet increasing demand to ship oil and gas.
The contractor would run the facility for 20 years to recoup its money.
Transport Minister Senator Idris Umar said the contract was to upgrade the berthing facilities at the Lagos port, which he said were in a deplorable state.
Other terminal concessions at Lagos Port Complex are the following:
| Name of the transaction | Terminal Operators | Local foreign participation |
|---|---|---|
| Apapa Terminal 'A' | Local lead with Atlantic Bulk Carriers Mgt. from Greece as Technical Partner | Apapa Bulk Terminal Ltd. |
| Apapa Terminal 'B' | Local lead with Atlantic Bulk Carriers Mgt. from Greece as Technical Partner | Apapa Bulk Terminal Ltd. |
| Apapa Terminal 'C' | Local lead with Dublin Port Company and ICIL from Ireland and Civil and Coastal from South Africa | ENL Consortium Limited |
| Apapa Terminal 'D' | Local lead with Dublin Port Company and ICIL from Ireland and Civil and Coastal from South Africa | ENL Consortium Limited |
| Apapa Terminal 'E' | Local Dangote Group | Greenview Dev. Nigeria Limite |
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